Re: US Home Values Bottomed Out?
Very true, l2ridehd, that The Villages is unique but it is not totally immune because many potential homebuyers want to relocate but not until they sell elsewhere in the country. When the housing crisis is over and homes begin selling again, TV will be a MAJOR beneficiary and prices will probably rise at a greater percentage rate than just about anywhere else. But, until that leveling out of home sales across the nation takes place, those in TV who MUST sell, and only those who must, will have to price accordingly. TV may not have had the large price reductions on resales that other parts of the country are experiencing, but the reductions are happening in TV, too. Like the stock market, if you don't have to sell, the lower prices today don't matter because those prices will rebound eventually and in The Villages it will be sooner than later.
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